DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Isthmus Partners, LLC

Independent wealth managerMadison, WisconsinCRD 171279SEC 801-79683websiteIAPD
Latest filing Jan 23, 2026
First filing on the tape Apr 23, 2014 · 47 filings
SEC status approved since May 19, 2014
RAUM
$1.4B
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
89%
$1.3B individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$160M
derived; firm RAUM over IAPD count
Employees
17
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
47 filings and snapshots on the tape
RAUM$1.4B as of Jan 23, 2026
Mar 27, 2015$486M then
HNW client RAUM$1.1B as of Jan 23, 2026
Mar 25, 2018$463M then
State-registered IARs (5.B.3)7 as of Jan 23, 2026
Mar 27, 20150 then
Employees (5.A)17 as of Jan 23, 2026
Mar 27, 20155 then
Private funds: no history
RAUM +11% over the last fiscal year+14% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Jan 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$160MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.5MderivedHNW RAUM over HNW clients
Average account
$759,524derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
9.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
9.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 5.G
Wrap fee program
$2.7BreportedItem 5.I
Custody
$853M, 149 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.1B79%
  • Individuals$138M9.6%
  • Charitable organizations$96.4M6.7%
  • Pension and profit-sharing plans$35.7M2.5%
  • Corporations and businesses$26.1M1.8%
Individual clients
149reported
HNW clients
208reported
Pension plan clients
14reported
Charitable clients
5reported
Accounts
1,894reported
Financial planning clients
251-500reported
Wrap fee programs
$1.3B sponsored, $1.3B managedreported
Custody of client assets
$853M for 149 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.89 fund_share=0.0 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Victor Enrique RodriguezMadison, WiJun 26, 201423 y1
Joel Carter McneilCertified Financial PlannerMadison, WiJun 26, 201434 y2
Noel David GoeddelChartered Financial AnalystMadison, WiMay 26, 201626 y1
Brandon A CloeteCertified Financial PlannerMadison, WiAug 15, 202211 y1
David A HackworthyMadison, WiSep 26, 202332 y1
Frank Joseph GambinoChartered Financial AnalystMadison, WiJan 21, 202532 y1
Rebecca A WiegandMadison, WiJan 1, 202621 y1
Eric Alvin KnudsonCertified Financial PlannerMadison, WiFeb 12, 202611 y0
Margaret Elizabeth McneilCertified Financial PlannerMadison, WiApr 13, 202611 y2
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Joseph Frank Gambino · Chief Equity Strategistcontrol
      since 05/2014 · owns 25% to 50%
    • A David Hackworthy · Chief Investment Officercontrol
      since 05/2014 · owns 25% to 50%
    • R Jeremy Baier · Member
      since 05/2014 · owns less than 5%
    • Matthew Ryan Cobb · Coo
      since 01/2024 · owns less than 5%
    • Scott Joseph Edelstein · Member
      since 10/2025 · owns less than 5%
    • David Noel Goeddel · Member
      since 10/2025 · owns less than 5%
    • Carter Joel Mcneil · Director Of Advisory Services
      since 05/2014 · owns 10% to 25%
    • Enrique Victor Rodriguez · Member
      since 05/2014 · owns 5% to 10%
    • Joseph Gery Sadzewicz · Chief Compliance Officer
      since 04/2014 · owns less than 5%
    • Michael Thomas Simpson · Member
      since 10/2025 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Madison, Wi · principal930
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,732 to 1,894
      Oct 23, 2025 to Jan 23, 2026
    • HNW clients · 191 to 208
      Oct 23, 2025 to Jan 23, 2026
    • Assets in custody · $764M to $853M
      Oct 23, 2025 to Jan 23, 2026
    • Employees · 16 to 17
      Oct 23, 2025 to Jan 23, 2026
    • Other offices · 1 to 0
      Oct 23, 2025 to Jan 23, 2026
    • Discretionary RAUM · $1.2B to $1.4B
      Oct 23, 2025 to Jan 23, 2026
    • HNW RAUM · $1.0B to $1.1B
      Oct 23, 2025 to Jan 23, 2026
    • Individual RAUM · $116M to $138M
      Oct 23, 2025 to Jan 23, 2026
    • Non-discretionary RAUM · $59.5M to $77.3M
      Oct 23, 2025 to Jan 23, 2026
    • Pension RAUM · $52.5M to $35.7M
      Oct 23, 2025 to Jan 23, 2026
    • RAUM · $1.3B to $1.4B
      Oct 23, 2025 to Jan 23, 2026
    • Wrap assets (manager) · $1.2B to $1.3B
      Oct 23, 2025 to Jan 23, 2026
    • Wrap assets (sponsor) · $1.2B to $1.3B
      Oct 23, 2025 to Jan 23, 2026
    • Financial planning clients · 251-500 to 251-500
      Mar 4, 2025 to Jul 11, 2025
    • Other offices · 0 to 1
      Mar 4, 2025 to Jul 11, 2025
    • Accounts · 1,352 to 1,732
      Nov 15, 2024 to Mar 4, 2025
    • Advisory employees · 9 to 8
      Nov 15, 2024 to Mar 4, 2025
    • Charity clients · 11 to 5
      Nov 15, 2024 to Mar 4, 2025
    • Corporate clients · 2 to 5
      Nov 15, 2024 to Mar 4, 2025
    • HNW clients · 184 to 191
      Nov 15, 2024 to Mar 4, 2025
    • Individual clients · 143 to 149
      Nov 15, 2024 to Mar 4, 2025
    • Pension plan clients · 6 to 14
      Nov 15, 2024 to Mar 4, 2025
    • Assets in custody · $705M to $764M
      Nov 15, 2024 to Mar 4, 2025
    • State-registered IARs · 9 to 7
      Nov 15, 2024 to Mar 4, 2025
    • Discretionary RAUM · $1.1B to $1.2B
      Nov 15, 2024 to Mar 4, 2025
    • HNW RAUM · $938M to $1.0B
      Nov 15, 2024 to Mar 4, 2025
    • Individual RAUM · $52.8M to $116M
      Nov 15, 2024 to Mar 4, 2025
    • Non-discretionary RAUM · $51.2M to $59.5M
      Nov 15, 2024 to Mar 4, 2025
    • Pension RAUM · $31.9M to $52.5M
      Nov 15, 2024 to Mar 4, 2025
    • RAUM · $1.1B to $1.3B
      Nov 15, 2024 to Mar 4, 2025
    • Wrap assets (manager) · $1.1B to $1.2B
      Nov 15, 2024 to Mar 4, 2025
    • Wrap assets (sponsor) · $1.1B to $1.2B
      Nov 15, 2024 to Mar 4, 2025
    • Accounts · 1,293 to 1,352
      Jan 19, 2024 to Feb 13, 2024
    • Advisory employees · 8 to 9
      Jan 19, 2024 to Feb 13, 2024
    • Charity clients · 9 to 11
      Jan 19, 2024 to Feb 13, 2024
    • Corporate clients · 1 to 2
      Jan 19, 2024 to Feb 13, 2024
    • HNW clients · 167 to 184
      Jan 19, 2024 to Feb 13, 2024
    • Individual clients · 153 to 143
      Jan 19, 2024 to Feb 13, 2024
    • Assets in custody · $639M to $705M
      Jan 19, 2024 to Feb 13, 2024
    • Employees · 15 to 16
      Jan 19, 2024 to Feb 13, 2024
    Signals
    1 dated events
    • Wam, Llc filed its initial SEC registration (Form ADV)
      Apr 23, 2014 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    How to reach
    public business contact points only, each with its source
    Business email
    isthmuspartners@isthmuspartnersllc.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    608-729-0854reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    608-729-0949reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    844-478-4687reportedpublished by the firm, firm site, Sep 15, 2026
    Website
    ISTHMUSPARTNERSLLC.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    608-729-0949reportedpublic record, Form ADV, Jan 23, 2026
    Contact form
    isthmuspartnersllc.com/connectreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    isthmuspartnersllc.com/our-teamreportedpublished by the firm, firm site, Sep 15, 2026
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $160Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026